Tag Archives: AA News

More than 4,000 BTC will be auctioned today by the United States Marshals Service (USMS). The procedure will happen with sealed bids where the highest bidder gets the bitcoins. All of the bitcoins included in the auction have been forfeited in different federal criminal, administrative, and civil cases.$40 Million Worth of BTC To Be Auctioned TodayThe US Marshal Service will carry out a sealed bid auction for around 4041 BTC later today. The amount, at current BTC rates, equals a little less...

The start of the new week came as a sad one for traders as the bears take over the cryptocurrency market, correcting Bitcoin price to below the $9600 region. At the time of writing, the coin is trading at $9,627.The current volatility in the market could be tied to the ongoing selling pressure and transfer of 600 BTC ($5,753,286) to BitMEX, which took place at block 617782. If the bearish movement continues, Bitcoin could dip further to $9170 and even $9000. At the time of this writing,...

As IOTA continues to investigate and examine the flaws in its native desktop wallet, which led to multiple thefts of users’ funds, the Foundation behind the project said today that they had released a “safe version” of the Trinity Wallet. Trinity Mobile Wallet Not Safe For NowWhile the attack only affected the Trinity Desktop wallet, IOTA, in its warning last week, cautioned users not to open both desktop and mobile wallets until further notice from the Foundation. However, the secure version...

The Central Bank of Russia announced in late December that it would be testing out its state-backed cryptocurrency within a regulatory sandbox. It appears that the tests are now over and have been completed.Russia’s Central Bank And BlockchainAccording to a local report, Russia’s Central Bank has completed a pilot project for the issuance and circulation of “digital rights.” This allows it to digitize goods, services, securities, and other assets as well.Using the platform, any organization...

Changpeng Zhao, the CEO of Binance, has confirmed that his company applied for an operating license in Singapore. This comes less than a month since the Asian country introduced a comprehensive regulation for businesses dealing with digital assets.Binance Applies For License in SingaporeThe largest cryptocurrency exchange by trading volume has applied for an operating license in Singapore. Binance CEO, CZ, confirmed the news in a phone interview with Bloomberg. He said that the local...

This week alone, gamers, virtual reality enthusiasts, and the cryptocurrency community have invested nearly a million dollars worth of real world currencies into virtual real estate generated and maintained by blockchains.The three largest blockchain generated virtual world games, The Sandbox, Decentraland, and Cryptovoxels, all saw the total trading volume of their digital tokens surge above $940,000 USD. That’s according to data compiled by Nonfungible, the largest database of blockchain...

“It was the intelligence coup of the century.” That’s the assessment of the CIA in a classified report obtained earlier this month by an investigation of the Washington Post. The Post made stunning revelations in a report headlined, “How the CIA used Crypto AG encryption devices to spy on countries for decades.” Crypto AG was a Swiss encryption company. It made millions of dollars since World War II selling encryption devices. The governments of over 120 countries bought Crypto’s devices well...

The spread of the coronavirus continues, and more countries appear to take serious measures for its containment.  Amid the tragic effect on people’s health, the cryptocurrency space recently saw the birth of the CoronaCoin – a coronavirus-backed token.The Creation of CoronaCoinEarlier today, the discussion of the new coronavirus-backed coin was published in a Reddit post. It informs that CoronaCoin (NCOV) will be an ERC-20 token.Its primary purpose, according to the website, is to spread...

Tesla stocks (TSLA) saw a tremendous price surge in the last few months, and the firm is looking to monetize the increase. Tesla plans a $2 billion common stock offering to strengthen its financial position.While similar scenarios could play out in the traditional financial market, Bitcoin stands on the opposite shore. Its finite pre-programmed supply of 21 million means that no more coins can come in the market.Tesla Stocks Performance And OfferingThe last several months have been nothing...

When your completely non-computer savvy, totally apolitical friends or family members come up to you asking, “Hey, you think I should buy this Bitcoin thing?” you’re in bubble territory. The coin is very possibly overheated, and it might be time to sell.We need a healthy pull back. Too much hype about #bitcoin halving and altseason. Too much dumb money re-entering shitcoins. Looking for $7200. It takes time for halving to propogate and market to react. Maybe 6-7 months. Only my opinion. What...